Comstock Inc (AMEX: LODE): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

LODE belongs to the Basic Materials sector of the AMEX while operating in the Other Precious Metals & Mining industry. The current market capitalization of Comstock Inc is $91.72M. A total of 7.58 million shares were traded on the day, compared to an average of 8.58M shares.

In the most recent transaction, Drozdoff Leo M bought 200,000 shares of LODE for 0.15 per share on Aug 14 ’24. After the transaction, the Director now owns 600,000 company shares. In a previous transaction on May 28 ’24, BOBBILI RAHUL bought 25,000 shares at 0.25 per share. LODE shares that Chief Engineering Officer owns now total 1,100,000.

Among the insiders who bought shares, BOBBILI RAHUL acquired of 25,000 shares on May 20 ’24 at a per-share price of $0.29. This resulted in the Chief Engineering Officer holding 1,075,000 shares of LODE after the transaction. In another insider transaction, DEGASPERIS CORRADO bought 1,250,000 shares at $0.40 per share on May 17 ’24. Company shares held by the Executive Chairman and CEO now total 1,358,180.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, LODE has a high of $1.01 and a low of $0.13.

As of this writing, LODE has an earnings estimate of -$0.02 per share for the current quarter. EPS was calculated based on a consensus of 1.0 estimates, with a high estimate of -$0.02 per share and a lower estimate of -$0.02.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. LODE’s latest balance sheet shows that the firm has $6.84M in Cash & Short Term Investments as of fiscal 2021. There were $17.53M in debt and $23.91M in liabilities at the time. Its Book Value Per Share was $0.33, while its Total Shareholder’s Equity was $92.97M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LODE is Buy with a score of 3.00.

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